All Forum Posts by: Courtney T.

@Darius Ogloza not Alameda county, but yes the DA is involved. But it seems geared towards Mr. C for now.

@John Farady wow and that’s only 5 days ago! Nobody asks for ID on these things and they should. What do we even record our thumb prints for? My birthday, soc, gender, and middle name didn’t match his when they got his ID at closing.

They DID get a copy of my deed and it showed my gender though, I guess a sex change is the only logical explanation.

I’m thankful to be in a much better situation than her given that everything had halted early on. Thanks for sharing that.

@Natalie Kolodij yes one of the SSNs WAS mine!

Man oh man, where to start. Dirty laundry headed your way...

Over a year ago I attempted to refi one of my properties that had significant equity in order to finally purchase a place of my own. My lender got back to my quickly, "do you have an LLC now?", me "not that I am aware of...". Turns out, I (me, myself) 'sold' not one, but TWO of my properties in the same county to someone else, an LLC. Except I didn't do that.

The house I wanted to buy fell through and I focused on figuring out how the heck this happened. We did some more digging and found everything MID-transaction. What are the odds! Funds hadn't been disbursed yet. I was able to get phone numbers of all involved and come to find out someone with my exact name pretended to be me and sell my houses 6 hours away from where they were located. He just so happened to be in jail for attempting to get a car in my name 3 months prior. There are mobile notaries that specialize in jail visits if you can believe it ( I never stop learning in this industry). After discovering who the main players were, and getting their individual stories, I find out that the representing agent was friends with my name doppelganger, whom I'll call 'Mr. C'. He reached out to a broker and real estate attorney duo (the LLC) and offered to sell them for about half of their worth. Mr. C was smart enough to use the automated system for my lender to request payoff statements (how he figured out the lender I will never know). Then this got weirder..

title and escrow had asked some key questions about the title being under a woman and having it transferred to a man because of a recent sex change operation Mr. C stated he had. Mr. C had also provided them with two SSNs (just in case one didn't work). He had a criminal record of stealing his families property and was presently in jail. His reason for selling my houses? "His family that he doesn't get along with live there and he wants them gone"

I'm just not sure how the agent, broker who purchased my homes, and title/escrow were all getting ready to close on this when there were so many red flags? Needless to say, Mr. C was transferred to the county where 'his' houses are and I am still working to get the transfer of title restored to my name without a glitch. 

There are so many things on the internet about title fraud, but none where everyone was caught red-handed and where the criminal had hardly any matching information me aside from our names. Interested to hear what the BP community thinks as I have scrubbed this site looking for a similar scenario to no avail. 

As a private landlord I haven’t received any late or non-payments. I agree with some of the previous comments about some folks hearing “I don’t have to pay” and applying it right away (with immediate need or no need). In middle class communities where more furloughs are being used rather than full lay offs, I think folks seem to be stretching their dollar and the stimulus. I suspect we may start to see some delayed struggle in those communities where they’ve made every effort to keep up. But those projections do not match what I am seeing nor what I expect to see. I’d be interested to hear from other large scale investors in lower income communities. 

My project a year ago seemed to go okay with Bildwise (granted- it was my first of this kind). I agree, getting in touch with the contractor or asking for a status update when one wasn't included on their client portal was frustrating. But then again, contractors aren't always anxious to jump on the internet to type up some half-baked paragraph about the project. They just want to get in, get out, and move onto the next.

To be fair, I had an "aesthetics only" rehab (20k give or take?). Project was slated for 30 days and ended in 30 days. All in all it was a good deal and project numbers all worked very well. But when you're higher stakes (like a large rehab or money backed from another source) that could be stressful. Then again, we are all investors and these high stakes are why we show up :)

@Joe Richardson @Wendell Torrey thanks for those contacts. @Kase Knochenhauer @Jack Ropp I sent you both messages to obtain those contacts as well.

Thanks everyone for all the help!

Courtney.

Hi @Joel K.! Would love to hear more about what you're working on and if you come across any deals that might work for us. I sent you a message as well with a bit more info. Would love to chat more!

Looking to get this roof replaced and was putting my feelers out there early in preparation for the spring/summertime months. Any recommendations in the Grand Rapids area on companies already used?

Thanks!

@Zarak Sharwani awesome. I’ll check out those neighborhoods and cross check them with the school districts and property taxes. I’d love to stay connected, Im sure ill have a question or two as I navigate WI!